The model on a weekly basis worsened slightly to +28, which in the greater scheme of things is quite mild. We held the 2864 SPX level on a closing basis very well.  The Daily Model has been in Risk On for 2 weeks now, the Monthly since 1st May. The Weekly Model has NOT triggered by 1 point (please see data box on Member Page). It will do next week as long as the riskdial stays positive. That will add 60% weighting to equities. A definite Buy the Dip market.

A video of my detailed expectations for the near term, with important levels to watch, can be viewed at